Wait | 08 September 2021

08 September 2021, GBP/USD

Wait

Wave Analysis:

Yesterday, the British pound rallied to the lowerside and is still very much bearish both on the daily and on the weekly charts. As it is right now, we are strictly seller, we are waiting for slight pullbacks to the upperside to pick a possible long term sell position expecting the price to break below 1.3743 and may extend much lower with the next ideal target along 1.3623 and may continue much lower.
Trade Recommendations:
We're sellers towards 1.3623
Bob Stan
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